===================Program Starting: Sat Mar  2 20:51:14 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.001000000000000
               mupar		   0.455000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.455000000000000
              DRIpar		   0.001000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016496051740501 
w    0.253757200218391 
mw    0.327036020838909
u    0.051410985437465 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.610901871557843
Fraction of E>nonE [6.7]    7.288884696214372
Fraction of E [8.2]   10.872410524781630
Ratio mworthJ/mworthW [8]    5.750659492955627
Wealth Gini [0.8]    0.634744068278068
Bankruptcy rate [0.75]    0.652134683976705
U>E [2.2]    3.963551914484171
(UL:    0.027400482696564, US:    0.024010502740901) Unemploy. rate [6.4]    5.141098543746529
IUR (Ui/W) [2.5] = 2.858853
W>E 1 [1.07]    1.166752967176779
W>E 2 [0.89]    0.844287468053314
W>E 3 [1.07]    0.989427169970954
W>U 1 [1.07]    1.398110941464643
W>U 2 [0.89]    0.915256862627855
W>U 3 [1.07]    0.686886679803525
Zero wealth fraction [7- 13]    4.336375244760130
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008569562366700
Fraction of U>E (rlv to new entrant) [20]    0.237783565877339
Worker exit rate (rlv to workers) [3-6.5]    0.028992397124530
Nshare (US)    0.036451936474417, 	 Nshare(UL):    0.001228194193794, 	 Nshare(WW):    0.001430927240768, 	 Nshare [0.1]:    0.039111057908980
Earning Gini [0.36]    0.464791469259626
Top 1 [30]    0.125565172794534
Fraction U>nonU (rlv to unemployed) [?]   47.950519997039542

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013214880592262	   0.005166569711468	   0.008239049668467	
   0.009074159942189	   0.006566256729426	   0.007695048261320	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034478844412790	   0.019381487581428	   0.013371406637175	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.045245021141520	   0.067746647788225	   0.086453530041090	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015811736219995	   0.006014615292762	   0.007988877456793	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.423509403144436	   0.452898605334934	   0.437776769495831	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.048520528647707	   0.031081475330879	   0.044482634545779	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5204948 	 0.4398697 	 0.0396355 
W 	 0.0212151 	 0.9710076 	 0.0077773 
E 	 0.0102978 	 0.0625910 	 0.9271112 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025228252702170
Top 1 [41.8]    0.125565172794534
Top 5 [?]    0.327143708122182
Top 10 [77.2]    0.457315052979991
Top 20 [?]    0.643262720806886
Top 40 [?]    0.873336457605212
Bot 20 [?]    0.004932723360414
Bot 40 [?]    0.034923372967988
Bot 60 [?]    0.126663542394788
Bot 80 [?]    0.356737279193114
mworthJ   10.566956269693565
mworthW    1.837520771771959
mworthUi    1.239747885473415
mworthUn    2.540274248355571
avgfirm:   12.915575000739091
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.404234335716430
productionJ (annual)    0.872045362445872
Totalcapital    5.251069417242129
Totallabor    1.092552398641329
Corproduction (annual)    1.107454393863228
Corcapital    3.846835081525699
Totalproduction (annual)    1.979499756309099
capitalJ/Totalcapital    0.267418734002175
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002509902079067
Revenue Basis    0.277243037771111
Optimal tax    0.009294944836965
Optimal tax SEA    0.000000000000000
COST SEA:    0.000076895843193    0.000033875560345
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839864909314524 
U    0.051410985437465 
VE    0.108724105247816 
-------WELFARE--------
Un -147.007516686392592  Ui -156.049421135583913  J -113.819833653000018  WW -143.367356949257953  Wtot-140.559073787351622   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172477896107985,    0.249999999999950,    5.175858902687533,    0.507352712933333  
THETA: 1,     0.087405212400674,    0.499999999999903,   12.630951465195096,    0.994155118372006  
THETA: 2,     0.087608100082017,    0.249999999999953,   28.721021174388078,    1.512450784125029  

 GMM ::  228.407714143481797


 ===================Program ended: Sat Mar  2 20:57:24 2024
 in 370.000000 seconds=================
